The Government of Puerto Rico took a series of steps to address the expiration of the Medicaid federal funds and the commencement of the pay as you go pension plan model, given the insolvency of the Retirement Systems, with several measures to improve its liquidity, said Gerardo Portela, executive director of the Puerto Rico Fiscal Agency and Financial Advisory Authority (FAFAA.)
Puerto Rico Gov. Ricardo Rosselló confirmed Monday that Puerto Rico was included in the Appropriations package expected to be approved by Congress this week, which will guarantee $296 million toward the Medicaid shortfall, $3.3 million for the dredging works in the San Juan Harbor, and $750,000 to start working on the Martín Peña Channel.
On Thursday, 74 Democratic members of Congress sent a letter to Speaker Paul Ryan (R-WI) urging immediate action to prevent the nearly 1 million residents of Puerto Rico who rely on Medicaid from losing their coverage.
In their almost 52 years of existence, Medicaid and Medicare, jointly with the Children’s Health Insurance Program (“CHIP”), have alleviated the suffering of millions of children, low-income adults and elderly people by enabling them to access dignified health care.
The National Governors Association (NGA) recently chose Puerto Rico to participate in a pilot project to develop state-level capacity to support so-called Medicaid “super-utilizers,” along with six other states: Alaska, Colorado, Kentucky, Nuevo Mexico, West Virginia, and Wisconsin.
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